Snowflake Co-Founder Sells Shares Indirectly in SEC Filing
Benoit Dageville, director at Snowflake (SNOW), reported the sale of 66,668 shares on July 29, 2026. The transaction was conducted indirectly through trusts and Grantor Retained Annuity Trusts (GRATs) as part of a Rule 10b5-1 trading plan established in April 2026. The sale represented approximately 2% of Dageville's indirect holdings, reducing his total equity stake but leaving him with around $1.27 billion worth of shares post-transaction. The stock had risen by nearly 30% over the previous year at that point in time. Despite this move, he still holds a significant position through both direct and indirect ownership. Snowflake remains a major player in cloud-native data platforms with a market cap exceeding $98 billion as of July 29, 2026.
Tickers: $SNOW
Topics: insider trading SEC filing Snowflake